2) LowDen < Acronym of: Lowest Denominator>
3) 1150(1/(1 and 5 zeros, lol idk about this one))
4) Standbit
Topic: Contest to name the 0.0001 BTC unit (0.1 BTC prize!) - page 5. (Read 8634 times)
1) Unibit
2) LowDen < Acronym of: Lowest Denominator>
3) 1150(1/(1 and 5 zeros, lol idk about this one))
4) Standbit
2) LowDen < Acronym of: Lowest Denominator>
3) 1150(1/(1 and 5 zeros, lol idk about this one))
4) Standbit
This is imho completely bonkers.
What do you mean by this? I don't even understand your sentence.
Yes, why not use "cookiejars" for every .0023 of bitcoins? The metric system MAKES A LOT OF SENSE and everybody uses it for a reason. The US has to suck it up at some point.
Maybe we can rename bitcoin to sickles, with 23 knuts in a sickle? Then at least Harry Potter would be happy.
Which is most likely to change at some point, see the various discussions on the dev list (cf floating fees)
Following this argument we should go straight for satoshis.
Both true, but I don't see the advantage over mBTC which has similar properties.
That's about the only positive point to say of your proposal...
1) It gives us more time before making another change than mBTC would
What do you mean by this? I don't even understand your sentence.
2) It removes the possibility of using common decimal prefixes (milli- and micro-) which, as bad as it may sound, would face resistance in the U.S.
Yes, why not use "cookiejars" for every .0023 of bitcoins? The metric system MAKES A LOT OF SENSE and everybody uses it for a reason. The US has to suck it up at some point.
Maybe we can rename bitcoin to sickles, with 23 knuts in a sickle? Then at least Harry Potter would be happy.
3) It's compatible with a minimum transaction fee of 0.0001 BTC
Which is most likely to change at some point, see the various discussions on the dev list (cf floating fees)
4) New users would likely be happier with it than mBTC, as they'd get "more" for their money with a smaller denomination (ah, human psychology)
Following this argument we should go straight for satoshis.
5) The values wouldn't be as large as with uBTC
6) It leaves us with a very manageable 4 decimal places
6) It leaves us with a very manageable 4 decimal places
Both true, but I don't see the advantage over mBTC which has similar properties.
7) It reduces the transition to satoshis down to two equally-spaced steps, leaving only one familiar future change
That's about the only positive point to say of your proposal...
After reading all the suggestions it will maybe the best to stay in the already started scheme:
0.00100000 BTC = 1 mBTC
0.00010000 BTC = 1
0.00000100 BTC = 1 µBTC
0.00000001 BTC = 1 Satoshi (three letter notation STI or SAT or STS ?? )
If there shall be another specialized unit name for 0.0001 my preferences would be:
Greek: 1 Myriade = 10000
0.00010000 BTC = 1 Myriasatoshi Coin = 1 MSC
Alternatively:
1 Myriasatoshi = 1 MSI
My BTC address: 1METhkrvz2r9d3zkFPQrHnpFC1BjCs64Zf
0.00100000 BTC = 1 mBTC
0.00010000 BTC = 1
0.00000100 BTC = 1 µBTC
0.00000001 BTC = 1 Satoshi (three letter notation STI or SAT or STS ?? )
If there shall be another specialized unit name for 0.0001 my preferences would be:
Greek: 1 Myriade = 10000
0.00010000 BTC = 1 Myriasatoshi Coin = 1 MSC
Alternatively:
1 Myriasatoshi = 1 MSI
My BTC address: 1METhkrvz2r9d3zkFPQrHnpFC1BjCs64Zf
barterbit bBTC
SI for 0.0001 BTC:
1 dmBTC (deciMilliBitcoin = a 10th of a mBTC or 0.1 mBTC)
1 hµBTC (hectoMicroBitcoin = 100 µBTC)
Fraction, a part of a unit:
1 fBTC (fractBitcoin or fractBTC)
1 Fract
Programming:
1 tBTC (tinyBitcoin or tinyBTC)
1 tmBTC (tinyMilliBitcoin or tinymBTC)
1 dmBTC (deciMilliBitcoin = a 10th of a mBTC or 0.1 mBTC)
1 hµBTC (hectoMicroBitcoin = 100 µBTC)
Fraction, a part of a unit:
1 fBTC (fractBitcoin or fractBTC)
1 Fract
Programming:
1 tBTC (tinyBitcoin or tinyBTC)
1 tmBTC (tinyMilliBitcoin or tinymBTC)
If 0.001 is millibits would 0.0001 be ten millibit-cents (0.1 mBTC) or "point 1 millibits".
0.0001 = 10000 Satoshis, so we could just skip right to the chase and say ten-thousand satoshi. I think there has been quite a few currencies in the world that worked with such large numbers for buying things like a cup of coffee.
100,000,000 Satoshis is one bitcoin, so even if bitcoin drops back to dollar parity, we will still be able to talk about them as 100 million satoshis.
Really, this whole decimal point thing is a pain in the arse, and is totally unnecessary. Bitcoins are stored as ints anyway, and the decimal point 8 digits in was just a convenient display thing early on when bitcoins weren't worth much.
0.0001 = 10000 Satoshis, so we could just skip right to the chase and say ten-thousand satoshi. I think there has been quite a few currencies in the world that worked with such large numbers for buying things like a cup of coffee.
100,000,000 Satoshis is one bitcoin, so even if bitcoin drops back to dollar parity, we will still be able to talk about them as 100 million satoshis.
Really, this whole decimal point thing is a pain in the arse, and is totally unnecessary. Bitcoins are stored as ints anyway, and the decimal point 8 digits in was just a convenient display thing early on when bitcoins weren't worth much.
What about
00.00000001 = 1 satoshi (1 s or 1 sat)
00.00001000 = 1 thousandkilo-satoshi (1 ks or 1 ksat)
00.01000000 = 1 millionmega-satoshi (1 Ms or Msat)
00.00000001 = 1 satoshi (1 s or 1 sat)
00.00001000 = 1 thousand
00.01000000 = 1 million
1 Dot
1 Octat
1 At (@)
1 Octat
1 At (@)
How about 1 stamp? (As in, "blow stamps" )
)
1 Myriati (derived myself from the Greek term μυριάς - myrias, "Myriad" in English, is the number 10000)
Naka
Nakabit sounds good
Motobit? not so much
Nakabit sounds good
Motobit? not so much
1 cheap
1 beetle
1 beatle
1 beetle
1 beatle
B*TChcoin
fee
Naka (from Nakamoto)
Nakabit
magnabit (from latin magna=big)
Nakabit
magnabit (from latin magna=big)
Here's an idea:
0.0001 BTC
Guess I won't win with that, but I do believe its the most sensible naming convention
0.0001 BTC
Guess I won't win with that, but I do believe its the most sensible naming convention
BTC 0.0001 = Gox
We need a easy, simple and short name. And Gox suits it. Also, we need to remember that Mt Gox was the first major BTC exchange.
We need a easy, simple and short name. And Gox suits it. Also, we need to remember that Mt Gox was the first major BTC exchange.
Since we have a crypto currency i think the most obvious would be:
One Crypto
I also like:
One Crypto
I also like:
Bits
The Finney
The littlebit (lBTC)
Actually I just noticed an interesting one on the five year anniversary of the Genesis Block ^^
https://en.bitcoin.it/wiki/Tonal_Bitcoin
I nominate
Bitcoin-bong as my third Choice
Because I think a Bong sounds like a great unit of measurement XD
https://en.bitcoin.it/wiki/Tonal_Bitcoin
I nominate
Bitcoin-bong as my third Choice
Because I think a Bong sounds like a great unit of measurement XD
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